https://www.taxtmi.com/news?id=59353 US President announced that India will incur massive tariffs if it continues purchasing Russian crude oil, linking the trade response to energy procurement and alleging that such purchases finance armed conflict. This follows a prior US decision doubling tariffs on Indian goods to 50%, including a 25% additional duty tied specifically to India's purchase of Russian crude; India called the measures unfair and said it is broad-basing and diversifying energy sources. en-us Mon, 20 Oct 2025 11:01:02 +0530 Mon, 20 Oct 2025 11:01:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=59353 US President announced that India will incur massive tariffs if it continues purchasing Russian crude oil, linking the trade response to energy procurement and alleging that such purchases finance armed conflict. This follows a prior US decision doubling tariffs on Indian goods to 50%, including a 25% additional duty tied specifically to India's purchase of Russian crude; India called the measures unfair and said it is broad-basing and diversifying energy sources. News - Mon, 20 Oct 2025 11:01:02 +0530 https://www.taxtmi.com/news?id=59353